What is One Concern?
Established in 2015 and headquartered in Menlo Park, CA, One Concern operates within the critical domain of disaster resilience. The company's core offering is a resilience-as-a-service platform designed to harness scientific insights and cutting-edge technology. This approach aims to proactively address and mitigate the effects of natural and man-made disasters, positioning One Concern as a key player in the enterprise risk management and climate adaptation sectors. The company's focus on data-driven solutions provides organizations with the tools to enhance preparedness, response, and recovery efforts.
How much funding has One Concern raised?
One Concern has raised a total of $118.1M across 5 funding rounds:
Other Financing Round
$1.5M
Series A
$20M
Unspecified
$36.6M
Corporate Investment
$15M
Other Financing Round
$45M
Other Financing Round (2015): $1.5M with participation from CrunchFund and Deep Fork Capital
Series A (2017): $20M led by Geodesic Capital and New Enterprise Associates
Unspecified (2019): $36.6M, investors not publicly disclosed
Corporate Investment (2020): $15M featuring SOMPO
Other Financing Round (2021): $45M backed by Sompo Holdings
Key Investors in One Concern
Sompo Holdings
SOMPO Holdings is a global insurance and financial services group based in Japan, with a broad focus on property and casualty insurance, life insurance, reinsurance, healthcare, and asset management. They aim to provide risk protection and financial security solutions.
Geodesic Capital
Geodesic Capital is an investment firm specializing in multi-stage growth investments in technology companies, with a particular focus on facilitating expansion into Asian markets, starting with Japan. They offer strategic guidance and market access.
New Enterprise Associates
New Enterprise Associates (NEA) is a prominent venture capital firm founded in 1977, dedicated to supporting entrepreneurs in building successful businesses across various stages of growth.
What's next for One Concern?
The substantial enterprise-level funding and recent strategic investment indicate One Concern is poised for significant scaling and further technological development. This capital infusion will likely fuel expansion into new markets, enhance its predictive analytics capabilities, and broaden its service offerings to a wider range of industries facing increasing climate-related risks. The company's trajectory suggests a continued focus on strengthening its position as a leader in the resilience technology space, potentially through strategic partnerships and further innovation in AI and machine learning for disaster preparedness.
See full One Concern company page
